Canadian Plastics

Category
Materials


April 26, 2017 News

M. Holland to build massive resin distribution centre near Chicago

by Canadian Plastics

The distribution centre is a joint venture between M. Holland and its longtime logistics providers G&D Hoffman Transportation and Major Prime Plastics.

April 20, 2017 News

ExxonMobil, Sabic pick Corpus Christi for massive $10 billion petrochemical plant

by Canadian Plastics

Construction will commence on the plant in early 2018, and chemical production could start as early as 2020.

April 17, 2017 News

Nova buying majority stake in Louisiana olefins plant

by Canadian Plastics

The $2.1 billion purchase is designed to help Calgary-based Nova grow its U.S. Gulf Coast presence.

April 15, 2017 News

Milliken buys colourant maker Keystone Aniline

by Canadian Plastics

Specialty chemical maker Milliken & Co. has acquired colourant producer Keystone Aniline Corporation for an undisclosed amount. In a statement, Spartanburg, S.C.-based Milliken said the deal “joins two successful organizations with complementary expertise and capabilities to offer customers a broader

April 4, 2017 News

Europe clears Dow-DuPont merger subject to conditions

by Canadian Plastics

The European Commission (EC), the governing body of the European Union, has approved the US$130 billion merger of U.S. chemical suppliers Dow Chemical Co. and DuPont Co., subject to the divestiture of Dow’s acid copolymer production facilities in the U.S.

April 4, 2017 News

Americhem names new CEO

by Canadian Plastics

The Ohio-based colourant and additive maker has appointed Matthew Hellstern to the role.

April 3, 2017 News

Ascend Performance Materials names Phil McDivitt as CEO

by Canadian Plastics

Chemical maker Ascend Performance Materials has a new CEO. The Houston, Tex.-based firm promoted president and chief operating officer Phil McDivitt to the position of president, CEO, and member of the board of directors. Ascend’s former CEO Frederic Poses will

April 2, 2017 News

Solvay to sell its polyolefin cross-linkable compounds business

by Canadian Plastics

Chemical supplier Solvay SA is selling its polyolefin cross-linkable compounds business in Italy to family-owned group Finproject SpA for an undisclosed price. “Polyolefin cross-linkable compounds no longer fit within [Solvay’s] portfolio of high-performance specialty polymers,” Augusto Di Donfrancesco, president of

March 27, 2017 News

Nova, Borealis, Total Petrochemicals to form ethylene, polyethylene JV

by Canadian Plastics

Key aspects of the proposed JV include the construction of a new 2.2 billion lb capacity ethylene cracker in Port Arthur, Tex.; and the construction of a new 1.35 billion lb capacity polyethylene resin unit in Bayport, Tex.

March 26, 2017 News

Sabic, Sinopec eyeing second joint venture

by Canadian Plastics

Chemical makers Saudi Arabia Basic Industries Corp. (Sabic) and China Petroleum and Chemical Corporation (Sinopec) have signed a strategic agreement to look into the construction of refining and chemical plants in China, and a joint venture business inside Saudi Arabia.

March 24, 2017 News

Chem-Trend acquires Romanian release agent business

by Canadian Plastics

Chem-Trend Ltd., a maker of high-performance release agents, purging compounds, and other ancillary molding products, has acquired the release agent business of its long-time distribution partner in Romania, Rubio Trading & Consulting SRL. The terms of the deal have not

March 22, 2017 News

Solvay entering medical device market

by Canadian Plastics

Called “Solvay Dental 360”, a new Solvay business unit will use what Solvay called “an innovative material” to replace metal in removable partial denture frames.

March 22, 2017 News

Ashland opens new corrosion science center

by Canadian Plastics

Ohio-based chemical maker Ashland Performance Materials has opened a new technical center to support corrosion applications based on fibre reinforced polymers (FRP) in industrial applications. Called the Ashland Corrosion Science Center (ACSC), the new facility is located in Dublin, Ohio,

March 21, 2017 News

Acquisition creates new billion-dollar fracking firm

by Canadian Plastics

Calgary-based oilfield service provider Trican Well Service Ltd. is acquiring Canyon Services Group Inc., a hydraulic fracturing firm also headquartered in Calgary, for $673 million.

March 15, 2017 News

BASF to start up new Shanghai plastic additives plant by early 2020

by Canadian Plastics

Germany-based chemical maker BASF is investing more than 200 million euros (US$212 million) globally to increase its production network for plastic additives, an investment that includes building a new additives plant at its Caojing site in Shanghai, China. The plant

March 14, 2017 News

Teknor Apex appoints M. Holland Co. as its exclusive nylon distributor

by Canadian Plastics

Custom compounder Teknor Apex Company has expanded its relationship with resin distributor M. Holland Company by making the firm its only national distributor for engineered thermoplastic products in North America. Headquartered in Northbrook, Ill., M. Holland has been distributing Teknor

March 10, 2017 News

Nexeo buys Mexican distribution firm Ultra Chem

by Canadian Plastics

Chemical and plastics distributor Nexeo Solutions Inc. has acquired the Mexico-based specialty chemicals distribution business of Ultra Chem S de RL de CV. The terms of the deal have not been disclosed. Headquartered in Mexico City, Ultra Chem represents major

March 6, 2017 News

Sun Chemical acquires RJA Dispersions business

by Canadian Plastics

Material supplier Sun Chemical Corporation has acquired the assets and business of dispersion product maker RJA Dispersions LLC for an undisclosed amount. Headquartered in Hudson, Wis., RJA Dispersions supplies ultra-fine particle and pigment dispersions for the digital inks market. Primarily used

February 28, 2017 News

Nexeo expands in Europe with acquisition of resin supplier K.D. Feddersen

by Canadian Plastics

In a bid to expand its business in the Nordic region, resin, compounds and concentrates supplier Nexeo Solutions has acquired part of the DSM NV business of German resin distributor K.D. Feddersen Norden AB. for an undisclosed amount. The deal

February 22, 2017 News

Huntsman reports lower sales, higher profits for 2016

by Canadian Plastics

Chemical supplier Huntsman Corporation has reported lower sales, but higher profits, in full-year 2016. Total company sales for Woodlands, Tex.-based Huntsman dropped six per cent to less than US$9.7 billion in 2016, but the firm’s profit shot up to US$357